Cash-strapped parents looking for an affordable family break this year may want to think about booking their next holiday in Europe this coming season, following a price comparison report by the Post Office.
The Post Office’s holiday report reveals that the British pound could stretch further than expected for families who holiday on European shores and fans of Greece will be pleased to know that Crete could shape up to be one of the most affordable sun-kissed destinations this year.
The survey revealed that resort prices had fallen by up to 19 percent in top holiday hotspots in Bulgaria, Spain, Portugal and Greece.
Sunny Beach in Bulgaria nabbed the top spot for the ultimate bargain beach break, with drinks and family meals all relatively cheap.
Meanwhile, the Balearic island of Majorca cost the least for family meals and, at £30 per meal, less half the price of Croatia, France, Italy and the UK.
Andrew Brown, from Post Office Travel Money, said: “The report makes it clear there are still wide variations across Europe in the cost of holiday items.
“The good news for families is that there is strong competition for business in many resorts – particularly between restaurants and bars – and this has resulted in lower prices in some holiday hotspots.
“However, pester power can soon empty the family purse so we recommend that holidaymakers set a budget for kids’ items and stick to it.”
The report also found that families set an average budget of £669 to cover costs while overseas – over £200 more than those families taking a UK holiday.
Prices fell most sharply in Crete last summer, where families were paying almost 19 percent less than in 2012 for the same 12 items.
The biggest price rise was in Bournemouth, where the basket was 12 percent more expensive in 2013 than the previous summer.
Prices for UK holidaymakers also rose in Marmaris (+2.1 percent), Ayia Napa (5.5 percent), Sorrento (+5.7 percent) and Corfu (+6.5 percent).